TALTON HOLDINGS INC
8-K, 1998-08-24
TELEGRAPH & OTHER MESSAGE COMMUNICATIONS
Previous: BIONUTRICS INC, SC 13D, 1998-08-24
Next: FIRSTENERGY CORP, S-3, 1998-08-24



<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549
                                        


                                   FORM 8-K
                                        


                                CURRENT REPORT
                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934
                                        


               Date of Report (Date of earliest event reported):
                        August 24, 1998 (July 23, 1998)


                                 Evercom, Inc.
                                 -------------
              (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)


    Delaware                       333-33639                     75-2680266
    --------                       ---------                     ----------
 
(STATE OR OTHER             (COMMISSION FILE NUMBER)           (IRS EMPLOYER 
 JURISDICTION OF                                             IDENTIFICATION NO.)
 INCORPORATION)
                                        

                              8201 Tristar Drive
                             Irving, Texas  75063
             (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)  (ZIP CODE)
                                        

              Registrant's telephone number, including area code:
                                 (972) 988-3737


                             Talton Holdings, Inc.
                    1209 N. West Carrier Parkway, Suite 300
                          Grand Prairie, Texas  75050
         (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
<PAGE>
 
ITEM 5.  OTHER EVENTS.

     On July 23, 1998, the Registrant released the press release attached hereto
as Exhibit 99.1, which press release is incorporated in its entirety herein by
reference.  See "Index to Exhibits."

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (c)   Exhibits

     99.1  Press Release, dated as of July 23, 1998, by the Company announcing
           name change, moving of corporate headquarters, and naming of new
           Chief Operating Officer.

                                       2
<PAGE>
 
                                  SIGNATURES
                                  ----------
                                        
   Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

   Dated:  August 24, 1998              EVERCOM, INC.



                                       By:  /s/   Todd Follmer                
                                            ----------------------------------
                                                  Todd Follmer                
                                                  Chairman and Chief Executive 
                                                  Officer   

                                       3
<PAGE>
 
                               INDEX TO EXHIBITS
                               -----------------


        99.1                   Press Release, dated as of July 23, 1998


<PAGE>
 
                                                                    EXHIBIT 99.1
                                                                    ------------

IMMEDIATE RELEASE
CONTACT: Victoria Young


                  TALTON HOLDINGS, INC. BECOMES EVERCOM, INC.
                      AND NAMES DONALD B. "SANDY" VAELLO
                            CHIEF OPERATING OFFICER


DALLAS-(July 23, 1998)--Todd Follmer, Chairman and Chief Executive Officer, has
announced Talton Holdings, Inc. has become Evercom, Inc.  The name change is
effective immediately and coincides with the company's move into their new
30,000 square foot headquarters in Irving, Texas.

Follmer further announced that Donald B. "Sandy" Vaello has been named Chief
Operating Officer of Evercom.  "Evercom represents the first major consolidation
development in the correctional facilities communications industry, and opens up
a world of opportunities," stated Vaello.  He will be overseeing all aspects of
the company in his role as COO.

From August of 1984 until June of 1989, Vaello served as Chairman and Chief
Executive Officer of North American Intelecom.  A public communications company
he formed in 1983 to specialize in the newly deregulated coin and inmate
telecommunications markets.  He engineered and installed the first private
inmate telephone system in 1987 at the Bexar County Detention Center in San
Antonio, Texas.  In 1989 Diamond Shamrock Refining and Marketing, Inc. acquired
North American Intelecom and Vaello served as its Vice President of Operations.
He was promoted to President and Chief Operating Officer in November of 1991, a
position he held until the end of 1997 when its assets where sold to Talton
Holdings.

Prior to North American Intelecom, Vaello served as Chairman, President and
Chief Executive Officer of Lone Star Natural Resources, Inc. a publicly traded
oil and gas exploration and production company he formed in 1979. A Canadian oil
and gas investment firm acquired Lone Star Natural Resources in 1982.

Vaello joined the Petroleum and Minerals Group of Dresser Industries, Inc. after
completing his military service in 1972. At Dresser he held several senior level
engineering and management positions in the United States, Europe, Africa, and
the Middle East. Vaello has been awarded three United States Patents covering
telecommunications and petroleum technology and holds an engineering degree from
the University of Texas.

Evercom, Inc. new 30,000 square foot headquarters is located in Irving, Texas
(8201 Tristar Drive, Irving, Texas 75063, 972.988.3737, fax, 972.988.374,
www.evercom.com). Evercom is the largest independent provider of inmate
telecommunication and information systems, serving 

                                       1
<PAGE>
 
more than 2,300 correctional facilities throughout the United States. The
company is a consolidation of ten regional, independent inmate telecommunication
services companies with extensive experience in servicing correctional
facilities in different geographic areas. This combination of local presence and
nationwide coverage makes Evercom unique in the industry. Evercom has become the
recognized leader in providing comprehensive, innovative technical solutions and
responsive, value-added customer service to the corrections industry.

Evercom, Inc. management team: Todd Follmer, Chairman/CEO; Sandy Vaello, COO;
and Jeff Cushman, CFO.

                                     # # #

                                       2


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission